Porsche has officially confirmed what's been rumored for at least three years – the German automaker will build a small SUV to slot in below its highly successful Cayenne. With the working name "Cajun," Porsche wants the mini 'ute to provide younger customers another point of entry into the brand.

Designer Walter da Silva has apparently taken the lead on the project, which is expected to be loosely based on the Audi Q5, and the press release (available after the jump) claims that the Cajun will have "typical Porsche features such as light weight, ease of handling and agility." Here's hoping... [Source: Porsche]
Show full PR text
Porsche is planning a new sporty model range


Stuttgart. During its meeting today, the Supervisory Board of Dr. Ing. h.c. F. Porsche AG, Stuttgart, laid the foundations for continuous and successful growth of the company. The Supervisory Board instructed the Board of Management to drive forward the development of a further model series up to series production. Under the working name "Cajun", this efficient and sporty model will further expand the world's most successful Porsche segment in the SUV sector. In addition to the new Cayenne, which has clearly consolidated its market position as the most successful sporty SUV in the premium segment, the "Cajun" will also have a very positive impact with its typical Porsche features such as light weight, ease of handling and agility. As an attractive entry model in the Porsche world, the "Cajun" will attract new and even younger customers to the premium brand along with the Boxster, the market leader in the segment of two-seater, mid-size sports cars.